Explainer: Why 14.7% unemployment rate doesn’t capture the true state of the coronavirus economy
The U.S. economy shed 20.5 million jobs in April, and the unemployment rate rose to 14.7%, a government report Friday showed.
Read MoreAuthor: Reuters
Wall Street set to jump on easing U.S.-China tensions, jobs report
Wall Street was set to jump at the open on Friday as an easing in U.S.-China friction added to optimism from data showing the U.S. economy lost fewer jobs in April than feared due to the coronavirus...
Read MoreTesla aims to restart Fremont plant on Friday
Tesla Inc is aiming to restart production in its U.S. car plant in Fremont, California on Friday afternoon, according to an email sent by Chief Executive Officer Elon Musk to...
Read MoreCoronavirus deals U.S. job losses of 20.5 million, historic unemployment rate in April
The U.S. economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world’s biggest...
Read MoreTurkey charges seven people over Ghosn escape: lawyer
Turkish prosecutors have prepared an indictment charging seven people, including four pilots, over former Nissan boss Carlos Ghosn’s escape via Istanbul to Lebanon after fleeing Japan, a lawyer for one of the suspects said...
Read MoreBreaking News
-
Darren Jones says he will not chall
Chief secretary to PM says he had been ‘reassured’
-
‘A total, utter nightmare’: sma
Cheesemakers, farmers, exporters and wine merchants say red tape,
-
Progressive economists reject Unite
Sharon Graham is urged to withdraw her claim that
-
Britain is still stuck on its ex â€
As a podcast host, I speak daily to people
-
From blond to pink to curly to crop
Glamorous, fashion-forward, fun – wigs are everywhere you look,
-
Britain, Brexit, Burnham: how was i
A decade after Brexit, the UK simply can’t shake
-
Weakening UK net zero policy would
Climate Change Committee chair Nigel Topping says U-turns damage
-
Andy Burnham picks former Blair min
Decision is one of Makerfield MP’s most significant since
-
UK defence secretary promises delay
Dan Jarvis, who took role earlier this month, is
-
Populist and rightwing figures take
Kemi Badenoch, who joined US anti-abortion activists and European